508, Park Terrace
Sold prices and rental history: sold 3 times, last in September 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Park Terrace
What is 508 worth today?
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Source: Dubai Land Department. Updated 24 September 2025.
Key facts
- Type
- Apartment
- Size
- 805 sqft
- Floor
- 5th of 11
- Parking
- B2/102
- Developer
- Madison Holdingo
- Completed
- 2010
- Service charge
- AED 10,700 /yr
- Last sold
- AED 700K · September 2025
- Building
- Park Terrace
About 508, Park Terrace
508 is an apartment of 805 sqft on the 5th floor of Park Terrace, a 11-storey tower in Dubai Silicon Oasis completed in 2010 by Madison Holdingo. It last sold on 24 September 2025 for AED 700,000, or AED 869 per sqft.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 15 March 2025, is AED 78,000 a year: a gross yield of 11.1% on the 2025 price, before the service charge of about AED 10,700 a year.
Park Terrace
Building94 apartments, studios to 3-bed over 11 floors in Dubai Silicon Oasis, completed in 2010 by Madison Holdingo. 4 sold in the last 12 months.
- Typical price per sqft
- AED 881
- Typical sale
- AED 1.04M
- Typical rent
- AED 75K /yr
- Typical yield
- 8.6%
Other units on the 5th floor
All 94 units in Park Terrace| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 804 sqft | AED 470KAED 470,000 · May 2019May 2019 | 100,000 /yr | |
| 502 | 725 sqft | AED 1.28MAED 1,275,000 · Jan 2026January 2026 | 142,000 /yr | ||
| 503 | 2-bed | 1,426 sqft | AED 665KAED 665,000 · Feb 2012February 2012 | 75,000 /yr | |
| 504 | 1-bed | 906 sqft | AED 730KAED 730,000 · May 2025May 2025 | 80,000 /yr | |
| 505 | 1-bed | 906 sqft | AED 645KAED 645,000 · Oct 2024October 2024 | 55,000 /yr | |
| 506 | 2-bed | 1,452 sqft | AED 790KAED 790,000 · Nov 2022November 2022 | 73,000 /yr | |
| 507 | 2-bed | 1,456 sqft | AED 900KAED 900,000 · Jan 2024January 2024 | 120,000 /yr |
508, Park Terrace in numbers
- Sold 3 times: first on 23 January 2011 for AED 559,475, last on 24 September 2025 for AED 700,000 (AED 869 per sqft).
- Rented since November 2013 on 9 Ejari contracts. The rent fell from AED 53,000 to AED 28,000 in 2021 and recovered to AED 78,000 by March 2025.
- At AED 78,000 a year the gross yield on the 2025 price is 11.1%, before a service charge of about AED 10,700 a year (AED 13.33 per sqft).
Source: Dubai Land Department. Updated 24 September 2025.
Questions about 508, Park Terrace
What did unit 508 last sell for?
AED 700,000 on 24 September 2025: AED 869 per sqft for 805 sqft. The unit has 3 registered sales; the first was AED 559,475 in January 2011.
What is the rent for unit 508?
AED 78,000 a year on the contract signed on 15 March 2025. The previous contract, from January 2023, was AED 80,000; the unit has been rented since November 2013.
How big is unit 508?
805 sqft (74.8 sqm): an apartment on the 5th floor of a 11-storey tower completed in 2010.
What is unit 508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 508, Park Terrace
Starts from the last sale price (AED 700K, 24 September 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus AED 34,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →